Bitcoin has lost 21% of its value since June 3

The price of the cryptocurrency that will be adopted as legal tender in El Salvador as of September 7 has lost more than $ 8,300 due to international factors. The Bitcoin Law, which will force all Salvadorans to use this cryptocurrency as a form of payment as of September 7, did not come at a … Read more

More than half of Salvadorans reject Bitcoin

Study presented by the UFG revealed that the population distrusts cryptocurrency. 52.1% of Salvadorans do not agree on the use of Bitcoin and another 30% do not trust the cryptocurrency, According to data from a survey revealed yesterday by the Francisco Gavidia University, two months after the Bitcoin Law enters into force. The survey: “Salvadorans … Read more

El Salvador at risk of FATF sanctions for adopting Bitcoin

Steve Hanke leads a study at Johns Hopkins University, in the United States, on the Bitcoin Law adopted by Bukele. They consider that it would be difficult for El Salvador to comply with 27 points of the Financial Action Task Force (FATF). Renowned American economist Steve Hanke keeps his gaze on the adoption of bitcoin … Read more

Scammers created a Bitcoins wallet and disappeared with $ 3.6 billion from investors in South Africa

Despite the huge theft of money in Bitcoins, the South African authorities cannot solve the case because the cryptocurrency is decentralized and no institution has control over it. A new case of scam around Bitcoin has been known in recent days. On this occasion, the one involved is a company that was founded by two … Read more

Scammers created a Bitcoins wallet and disappeared with $ 3.6 billion from investors in South Africa

Despite the huge theft of money in Bitcoins, the South African authorities cannot solve the case because the cryptocurrency is decentralized and no institution has control over it. A new case of scam around Bitcoin has been known in recent days. On this occasion, the one involved is a company that was founded by two … Read more

App “Chivo” to receive Bitcoin puts personal data of users at risk

Computer science and data protection experts consider that the wallet developed by the government must have several requirements to guarantee the security of personal data. Cybercrime or identity theft are some of the risks. “Nobody has to receive Bitcoins if they do not want them,” said the President of the Republic, Nayib Bukele, during the … Read more

The United States will soon reveal El Salvador’s corrupt list

The Engel List, which will contain names of figures linked to corruption and human rights coups in the Northern Triangle, is likely to come out before the end of the month. These people, as Washington has advanced, will face immigration and economic sanctions. The publication of the Engel List by the United States government is … Read more

United States Government delivers second donation of 158 ventilators to El Salvador for COVID-19 patients | News from El Salvador

The embassy clarified that the devices are not part of the lot that was stolen in Miami, Florida, on August 8, and that was later recovered by the US authorities. The United States Ambassador to the country, Ronald Johnson, gave the Salvadoran government a donation of 158 ventilators on Thursday to care for COVID-19 patients … Read more

Defense Minister did not explain who ordered him to take over the Assembly | News from El Salvador

The Salvadorans were left with no answers from Merino Monroy on who turned the mandate for the Army to break into Congress. He said that they entered through a normal procedure and that it was not a “military operation.” The deputies tried in every possible way with questions and more cross-examinations on the same subject, … Read more

Salvadoran engineer Óscar Paniagua makes history on NASA mission to Mars | News from El Salvador

The 28-year-old compatriot was in charge of quality control in processes prior to the launch of the Perseverance Mission, including the assembly of the rocket aimed at the red planet. Thursday July 30, 2020, at 7:50 am Florida time, USA, the National Aeronautics and Space Administration (NASA) made history again with the launch of the … Read more